Report on Winnipeg's finances shows $83 million shortfall, plus more for transit
A newly released report reveals the City of Winnipeg ended 2022 with a shortfall to the tune of tens of millions of dollars.
The figures are from the city’s unaudited financial status report, which looks at the tax-supported operating budget.
It noted the city had an $83 million budget shortfall by the end of 2022, with an added $5 million deficiency from transit alone.
Officials say the shortfall can largely be blamed on the impacts from the COVID-19 pandemic and over-expenditures in snow and ice operations, which it says cost $52 million more than was budgeted for in 2022.
This includes $8.4 million spent in December alone.
Meantime, the city budgeted $41.3 million for anticipated COVID-19 financial impacts in 2022, but pinpointed an additional $12.4 million was needed for the year.
Some good news – the transit shortfall was ‘greatly reduced’ after the province allocated $19.4 million to the city from the federal government’s fund to support municipalities facing transit shortfalls. From that pot, $9 million will be used for the 2022 fiscal year, with the remainder helping to pay for operations this year.
In a statement, finance committee chair Jeff Browaty said the rainy day fund will be used to cover the shortfall. However, he notes it will leave the city’s reserves greatly depleted.
“Winnipeg residents can look forward to learning what the City’s plan is moving forward with the release of the 2023 Budget Update this week,” he said.
Winnipeg's full financial update can be read on the city’s website.
Meantime, the city will release its 2023 budget update on Feb. 8.
CTV News Winnipeg will have full coverage.
CTVNews.ca Top Stories
Canada's relationship with the U.S. needed rebuilding post-Trump says Ambassador Hillman
Canada's Ambassador to the U.S. Kirsten Hillman says the country’s relationship with its American counterparts required rebuilding after the Trump administration.
Biden is coming to Canada: Here's what we know about his visit
U.S. President Joe Biden is coming to Canada Thursday evening, kicking off his short but long-awaited overnight official visit to Canada. Here's what CTV News has confirmed about what will be on the agenda, and what key players are saying about the upcoming visit.
Former prime minister Stephen Harper says Canada needs a 'Conservative renaissance'
Canada needs a 'Conservative renaissance,' former prime minister Stephen Harper said Wednesday, but he cautioned that Pierre Poilievre should wait until an election before telling Canadians how he might run the country.
WeightWatchers appears set to close dozens of Canadian locations Sunday
WW International appears set to close dozens of its roughly 118 WeightWatchers locations across Canada on March 26 in what may be part of a restructuring strategy.
First victim in fatal Old Montreal fire identified as 76-year-old woman
Montreal police have identified the first victim of the deadly fire in Old Montreal last week that has left two dead and five missing. Insp. David Shane said it was a woman named Camille Maheux, who was 76 years old.
Top 4 quirky consumer complaints received in 2022: BBB
The Better Business Bureau (BBB) says it receives tens of thousands of complaints from consumers across Canada each year, but once in a while a "quirky" one will take them by surprise.
What are the predictions for Canada's real estate market this spring?
The Canadian real estate market has been sluggish since last year, when prospective buyers started putting off plans to purchase homes as the Bank of Canada aggressively hiked interest rates eight consecutive times. But realtors see many edging toward a purchase once more.
More than half of Canadians OK with telling lies to spare others’ feelings: Poll
According to a new poll conducted by Research Co., more than half of Canadians surveyed said it is permissible to lie to spare someone’s feelings.
Canada broke a population growth record in 2022: StatCan
Canada's population grew by more than one million over the course of one calendar year, breaking previous records, a new Statistics Canada report says.
Regina
-
BREAKING
BREAKING | Sask. projects $1B surplus, will use cash to pay debt instead of further funding boosts
Saskatchewan is projecting a $1 billion surplus in the coming year and plans to spend just as much in paying down the province's debt.
-
Sask. finance minister cautions against using surplus to fund overburdened health system
Saskatchewan’s healthcare spending will rise to record levels in the 2023-24 provincial budget but, after adjusting for inflation, critics say the boost is weaker than advertised.
-
Funding for distance learning, capital projects included in record $3.1B education budget
The Government of Saskatchewan is committing over $20 million for online learning as part of its record $3.1 billion education budget for the 2023-2024 fiscal year.
Saskatoon
-
BREAKING
BREAKING | Sask. projects $1B surplus, will use cash to pay debt instead of further funding boosts
Saskatchewan is projecting a $1 billion surplus in the coming year and plans to spend just as much in paying down the province's debt.
-
Accused in Ally Moosehunter homicide cross-examined by the crown
The man charged with first-degree murder in the death of Ally Moosehunter took the stand Wednesday for cross-examination by the crown.
-
Funding for distance learning, capital projects included in record $3.1B education budget
The Government of Saskatchewan is committing over $20 million for online learning as part of its record $3.1 billion education budget for the 2023-2024 fiscal year.
Northern Ontario
-
Family sues OPP, others, for more than $2M after woman dies in Sudbury, Ont., jail
The family of a woman who died by suicide in November 2020 while incarcerated at the Sudbury Jail is suing police and other officials for more than $2 million.
-
An abundance of job options at Northern College career fair
Northern College said it hopes the Ontario government will consider funding its trade programs -- this after being left out of a $224 million funding announcement for skilled trade centres.
-
Northern Ont. police find driver unconscious at the wheel, motor running
Ontario Provincial Police responding to a different call March 17 discovered a driver slumped over the wheel in a running parked car on Main Street in the Town of Thessalon.
Edmonton
-
'We are a natural gas province': Smith says Alberta needs power plants, not wind and solar
Alberta's premier assured a ballroom of rural leaders Wednesday that she does not want to see the province move away from electricity generated from fossil fuels, while complaining about solar panels covering farm land.
-
EPS announces death of constable
The Edmonton Police Service announced the death of an officer on Tuesday.
-
'He's helped me': Oilers' Bouchard blossoming since arrival of new partner Ekholm
Getting more power play time with some of the best hockey players on the planet has certainly helped but Evan Bouchard also credited a new teammate Wednesday for his recent resurgence.
Toronto
-
Ontario 4-year-old diagnosed with brain tumour after doctors believed it was a virus
An Ontario mother and father say their four-year-old was recently diagnosed with a brain tumour after doctors believed his symptoms were a flu-like virus for months.
-
'I feared for my life': Toronto man shot by police wants bodycam footage of incident released
A Toronto man who was shot multiple times by a police officer while he was walking his dog last month says more could have been done to de-escalate the situation that almost left him dead.
-
Toronto woman receives free gift, but signs contract for $7,000 vacuum cleaner
A Toronto woman said she received a free air purifier as an online promotion, but also signed up for a $7,000 vacuum cleaner in the process.
Calgary
-
Battle between UCP, NDP too close to call as provincial election inches closer: ThinkHQ
A new political poll surveying Albertans ahead of May's provincial election shows a deep divide within the province, with the governing United Conservative Party and Alberta's New Democrats fighting neck and neck for support.
-
1 person injured in fight outside southeast Calgary Wal-Mart
One person was injured after a fight involving a weapon outside a southeast Calgary department store.
-
Calgary company's hand-dyed yarn sought after by knitters all over the world
A Calgary store is becoming internationally known for its hand-dyed yarn.
Montreal
-
First victim in fatal Old Montreal fire identified as 76-year-old woman
Montreal police have identified the first victim of the deadly fire in Old Montreal last week that has left two dead and five missing. Insp. David Shane said it was a woman named Camille Maheux, who was 76 years old.
-
School board welcomes Quebec probe into sexual abuse
At least one school board is welcoming news of an investigation into allegations of sexual violence at schools.
-
Plante says Quebec budget ignores Montreal's housing needs
The mayor of Montreal says she only had two requests of the Quebec government and one of them was ignored. Despite new buildings going up in Montreal, Mayor Valerie Plante says it's harder than ever for some people to find a place to live.
Ottawa
-
Sutcliffe not ruling out public funding for new Senators arena
As the sale of the Ottawa Senators heats up, the city's mayor isn't ruling out public funding for a new downtown arena for the team.
-
FREEZING RAIN WARNING
FREEZING RAIN WARNING | Several hours of freezing rain expected Thursday morning in Ottawa
Environment Canada has issued a freezing rain warning for Ottawa, calling for up to 2 to 4 millimetres of ice build up on untreated surfaces. The freezing rain is expected to last several hours before ending Thursday morning.
-
Here are the road closures to expect when U.S. President Biden visits Ottawa
The city of Ottawa has released its list of road closures for the presidential motorcade and visit, starting Thursday when Biden arrives and ending Friday night after his departure.
Atlantic
-
Transportation Safety Board report on sinking cites lax federal rules on stability
A Transportation Safety Board of Canada report has linked the fatal sinking of a Nova Scotia scallop dragger in 2020 to years of federal inaction on the imposition of stricter stability standards for fishing vessels.
-
Nova Scotia Teachers' Union calls for government action on school violence
Students at a Halifax-area school where two staff members were stabbed Monday returned to class Wednesday afternoon.
-
Weather statements issued in the Maritimes ahead of snow Thursday
Environment Canada has issued special weather statements in the Maritimes ahead of a spring mix of snow and rain arriving Thursday.
Kitchener
-
Ont.’s police watchdog investigating after Centre Wellington man seriously injured
Ontario’s police watchdog is investigating a crash near Belwood Lake that saw a 43-year-old Centre Wellington man transported to hospital.
-
'I'm going to die': Officer recalls night Beau Baker died
Remembering the night he fatally shot Beau Baker outside a Kitchener apartment on Brybeck Crescent in April 2015, Waterloo Regional Police Service (WRPS) Staff Sgt. Eric Boynton - who was a patrol officer at the time - testified he was worried about Baker killing himself or others.
-
Vancouver
-
Vanier Park tent encampment residents refuse to leave
Residents of a tent encampment on Vancouver’s west side are defying orders to leave, despite being given 24 hours' notice to vacate the area.
-
Victim of Richmond, B.C., shooting gets prison sentence for handgun found in underwear
A Vancouver man who was shot in Richmond three-and-a-half years ago has been given a five-year prison sentence because of what doctors found in his underwear while they were treating him.
-
B.C. investors lost $24M to crypto scams last year: financial regulator
British Columbians lost a combined $24 million to cryptocurrency scams in 2022, an amount the province's financial regulator says is nearly triple what was recorded in 2021.
Vancouver Island
-
Shortage of cold and flu medicine still plaguing Island pharmacies
A lack of cold and flu medicine – especially for kids – persists at pharmacies across Vancouver Island and across the province.
-
Historic Point Ellice House closing in Victoria
A well-known historic site and museum in Victoria is closing its doors due to what it calls a lack of funding. On Wednesday morning, Point Ellice House Museum and Gardens announced it was closing down effective immediately.
-
Saanich police bust ring allegedly selling vape products at Greater Victoria schools
More than $100,000 worth of vaping products have been seized by Saanich police detectives who say the items were being marketed and sold at schools throughout B.C.'s capital region.